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    1205- 14Th St Salem, OR 97302

    Sponsored
    For Lease
    $10 SF/Yr ($12,600 /Mo)

    7,000 SF Industrial Warehouse in Salem, OR

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 14,000 square foot industrial warehouse, located at 1205-1225 14th St SE in Salem, Oregon, offers 7,000 square feet of immediately available space. The property, built in 1974 and extensively renovated in 2024, features a single story with 18-foot ceilings and two drive-in doors. The building is classified as Class C and sits on a 5.2-acre lot. The available space boasts recent interior updates, including fire suppression systems. The exterior has also been recently improved with fresh paint and paving. The property is zoned IC Industrial Commercial (APN 585086) and benefits from excellent access and egress in a well-established Salem industrial area. The previous tenant occupied the space for 30 years, a testament to its suitability and location. The property includes 14 total parking spaces. Taxes are $0.52 per square foot. The minimum divisible space is 7,000 square feet, with a maximum contiguous space also at 7,000 square feet. Three-phase power is available. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1205- 14Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Class
    C
    Total Rate
    12600

    Building Details

    Year Built/Renovated
    1974/2024
    Stories
    1

    Unit(s) available at that property

    Space
    1205
    Size
    7,000 SF
    Rate per SF
    $10

    HighLights

    • 18' clear ceiling height.
    • New warehouse insulation installed.
    • New high‑bay LED lighting.
    • Remodeled office space.
    • Mezzanine floor rated for 100+ PSF live load.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0272288
    Latitude
    44.9255139

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    FAQs

    What type of property is this?
    Distribution property - 7,000 SF Industrial Warehouse in Salem, OR
    Where is this distribution property located?
    The property is located at 1205- 14Th St Salem, OR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 18' clear ceiling height.; New warehouse insulation installed.; New high-bay LED lighting.
    Request Owner's contact information
    1205- 14Th St Salem, OR 97302
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    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1205- 14Th St Salem, OR 97302
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